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About Me

Hello, and welcome to my little corner of the world! I'm Christy and I am so blessed to be the wife of a wonderful, God-fearing man as well as the mom of four great children.

In our family, learning is not about 'filling a bucket', but it's about 'lighting a fire'! We sincerely desire for our children to love to learn, and that's why we homeschool.

Book knowledge will only take our children so far. But if their hearts are trained toward the things of the Lord, then they will be ok no matter what life may bring them.

I'm glad you're here. Grab a warm mug of hot chocolate, sit back, and read about the many different things that I think throughout the day... "Hey, that would make a good blog entry!"

My Family

In May of 1993 the Lord finished creating me when he sent me my other half, the half that I had been without for the first 17 years of my life. Two short years later, we were married and I was finally whole."I found him whom my soul loveth: I held him, and would not let him go..." Song of Solomon 3:4

Over the next few years God blessed us beyond our wildest dreams when He sent us four beautiful angels. Our children have brought us more joy than we ever knew was possible and we are honored God chose us to be their parents."Lo, children are an heritage of the Lord: and the fruit of the womb is his reward..." Psalm 127:3

Our Children

*Baby Girl- age 17

Because she was our long-awaited, much-anticipated, prayed-and-hoped-for first baby and will always be our baby girl.

*Handsome- age 14Because when he was younger he thought his little brother was cuter than he was, so mommy started calling him her little handsome guy.

*Reece Cup- age 13Because his middle name is Reece and when he was little he was the sweetest little thing and I called him my little Reece Cup because I could have just eaten him up!

*Princess- age 12Because she was our baby princess and was treated as such by everyone in our home right from the moment she was born.

Monday, September 29, 2008

I'm no financial/Wall Street genious, but I do trust Dave Ramsey and when I read his opinions on this now-failed bailout program I just had to share it with everyone I could!

Merrill Lynch was sitting with $30 billion tied up in sub-prime loans with houses. Stupid! They get what they deserve for doing that, and I'm with you on that. Those houses didn't become worthless all of a sudden because those people couldn't sell their bonds. Since they couldn't sell them, they basically gave them away for 22 cents on the dollar. Now do you think all those houses lost 80% of their value underneath that deal? No, they didn't, so they gave them away for 22 cents on the dollar (about $6 billion total) because there was no market for them. Nobody wants to buy sub-prime bonds because they suck. They're junk bonds. But at 22 cents on the dollar, it's a bargain because even if you foreclosed on every one of the houses in there, you'd probably get $20 billion back out of $30 billion, and so the company that bought those for $6 billion got a deal! But there's no market for them. That's where these companies are stuck. They can't sell this stuff, but accounting-wise, they've had to mark it down to market and it's frozen the marketplace.

Economist Wesbury is saying that if we change that one rule and don't force them to mark down to market value and just let them hold on to all the stuff, and say just on sub-primes for this period of time you can change that rule -- a temporary change -- that'll free the market up. It's seized right now; it's frozen. This will thaw it out and get it going again. He says that'll solve 60% of the problem ... and I think he's right.

That one accounting rule is what made Merrill Lynch sell out. That one accounting rule is what's driving other ones into the dirt. Would you rather let them change their accounting rule or loan them $700 billion for us to buyout their bad paper?

I'd rather them work their own crap out than have us bail them out with $700 billion of our tax dollars.

Can I get an AMEN?!

Now what do we do? Here's what Dave has to say:

Call your Congressman. Call your Senator. Tell them to change the mark-to-market accounting law and to extend insurance but extend no loans. If they extend loans - if they borrow the money on the national debt in order for us to all go into the mortgage business a trillion dollars - you're going to fire their butts and send them home.

I've talked with several people today, and it's on the tables in Washington, but it's not something you're going to see on TV. If you'll let your Congressmen know you know about this and that you'll vote against them if they don't vote to change the mark-to-market law and you'll contribute your money to make sure they never serve in office again. That's what you need to tell them early and often.

If you're p*ssed, this is the time to step up and do something about it, America! You can stop this! It's being railroaded down your throat, but you can stop them if you call them in mass starting now. READY ... SET ... GO!